Croda s Technology Investment Group. Joe Matt October 21, 2014

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1 Croda s Technology Investment Group Joe Matt October 21, 2014

2 Croda at a Glance A leading producer of speciality ingredients for high growth markets Majority of feedstocks are naturally derived (69%) Sell effects and not chemicals Driven by innovation and exploitation of technology

3 Croda s Manufacturing Sites Jurong Island, Singapore Shiga, Japan Thane, India Cikarang, Indonesia Mill Hall, Pennsylvania New Castle, Delaware Campinas, Brazil UK 5 sites Chanac, France Le Perray, France Chocques, France Mevisa, Spain Cremona, Italy Gouda, Netherlands

4 Three divisions, different markets, one unified focus... Consumer Care Croda International Plc Performance Technologies to grow through constant innovation Industrial Chemicals

5 Innovation Croda Definition Any aspect of the operation of the business that differentiates Croda from the competition and by doing so creates value Differentiation Added value

6 Role Challenge Delivery Corporate development function Find opportunities and innovation Differentiated technologies, products or effects Acceleration of market led innovation is at the heart of our future growth story

7 Modus operandi Nominally there are three routes to obtaining an identified technology Acquisition/ Licensing Modus operandi Academic Collaboration In-house Development

8 Our goal is to acquire technology that: Is, or has potential to be, class leading Meets valuable unmet customer needs Acquisition criteria Has robust IP Can be commercialized globally through the Croda network 8

9 TIG Success to Date Polymeric Emollients Oil Gelling Polymers FlowSolve TM Asphaltene Dispersants Plant Stem Cell Technology Novel Fatty Acids and Amides

10 External Collaborations Technology solutions to business needs do not always exist, so it cannot be acquired Collaboration with world leading academics can lead to technology solutions Relationships exist with top ranked universities in UK, Holland and France Croda is beginning to develop relationships in Canada and the USA

11 Challenged with identifying and addressing technology needs of business in medium to long term Target organizations or technology which provide are differentiated relevant to the market needs of each of the market sectors

12 Focus on new technologies into existing markets Consumer Care Personal Care Health Care Crop Care Performance Technologies Home Care Lubricants Geo Tech Coatings & Polymers Polymer Additives Industrial Chemicals Process Additives

13 What are the key drivers in our core markets? Performance Green Natural Renewable Sustainability Low environmental impact Biodegradable

14 Sustainability Sustainability - Development that meets the needs of the present without compromising the ability of future generations to meet their own needs. Brundtland Report Our Common Future To quote Steve Foots Croda Chief Executive: We feel that through our emphasis on emerging markets and technologies, we are making our own small contribution, going beyond not compromising and actually enhancing the capabilities of future generations. Croda Sustainability Report 2011

15 Sustainability Drivers Customers - corporate sustainability targets. Commitments: Use of renewable energy move to complete dependence. Reduction of waste targets to have zero waste. Reducing product carbon footprint impact become carbon neutral. Greater use of renewable, recyclable and sustainable feedstocks. Minimizing environmental impact targets to have no negative impact. Consumers changing behaviour to sustainable values Markets demanding sustainable ingredients Croda continuously updating our Corporate Social Responsibility targets

16 Sustainable Innovation Innovative environmentally friendly solutions Safer/milder ingredients Developing products that allow people to maximize performance and value whilst Reducing energy use Minimizing environmental impact Improving efficiency

17 Sustainable Innovation

18 Biotech Activities Cosmetic skin active ingredients Bio-surfactants Bio-esters Blue biotechnology Cosmetic skin active ingredient Marine Biotech Collaborations

19 Nautilus Collaboration

exploitation of land No widespread use of solvents

20 Green biotechnology Biotech Activities Plant cell culture technology Sustainable development No over exploitation of land No widespread use of solvents No biosphere destruction Reduction in water usage

21 Biotechnology Summary Croda strongly believes biotechnology is a significant disruptive technology offering step-change opportunities in our core markets Technology is aligned with drivers in our markets and is a logical place for Croda to be Investment in fermentation plant and acquisition of IRB Investment in global collaborations and partnerships in white, green and blue biotechnology New Biotechnology inspired launches planned for the future Strong internal know-how continuing to develop

22 Collaborations and Acquisitions Commitment to invest in external bio-research through collaboration Companies with differentiated expertise in biotechnology Universities Customers Commitment to access new biotechnologies through acquisition Acquisition of technology Acquisition of bio-businesses

23 Thank you! Questions?

Corporate. Social. Responsibility

Corporate. Social. Responsibility Corporate Social Responsibility 2010 To remain an independent company and operate as one global team We will continually improve The Croda Vision We will continue to be an ethical and responsible company